HomeMy Public PortalAbout2022-08-18 special session packetNOTICE OF CITY COUNCIL SPECIAL SESSION AND AGENDAi
THURSDAY, AUGUST 18, 2022 – 7:30 P.M. OR UPON ADJOURNMENT OF
CITY COUNICL BUDGET MEETING
CITY COUNCIL CHAMBERS ~ JOHN G. CHRISTY MUNICIPAL BUILDING ~ 320 E. MCCARTY STREET
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MEETING NUMBER: 2493 968 9383 MEETING PASSWORD: 1234
TENTATIVE AGENDA
1. CALL TO ORDER
2. ROLL CALL
3. INFORMAL CALENDAR
a. Bill 2022-044 Establishing the Rate of Taxation (Hensley) Staff: Shiela Pearre
(Must be Reported to the State by September 1, 2022)
i. Public Comment and Discussion
ii. Vote
4. ADJOURN
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BILL SUMMARY
BILL NO: 2022-044
SPONSOR: Councilmember Hensley
SUBJECT: Establishing Rate of Taxation for Property Tax for 2022
DATE INTRODUCED: August 1, 2022
DEPARTMENT DIRECTOR(S): ~<I''" R( tU\A____g
CITY ADMINISTRATOR: ~ &.~
Staff Recommendation: Approve at proposed es.
Summary: Establishes the property tax rates for the below two City funds for calendar
year 2022.
Origin of Request: Finance Department
Department Responsible: Finance Department
PERSON RESPONSIBLE: SHIELA PEARRE, Interim Director of Finance and ITS
Background Information: State statute requires that cities establish their property tax
rates on an annual basis. These rates are computed based upon changes in the assessed
valuation. The initial information is prepared by the County, and the calculations are
verified by the Missouri State Auditor's Office. The proposed 2022-2023 budget has been
prepared based on the property tax rate for general fund at 0.4600 and the Firemen 's
Retirement rate at 0.0961. The public hearing will be at the August 151h City Council
meeting.
Proposed Current Proposed Tax
Tax Rate Tax Rate Rate Ceiling
General Fund $0.4600 $0.4600 $0.4600
Firemen's Retirement $0.0961 $0.0961 $0 .0961
Total $0.5561 $0.5561 $0.5561
Fiscal Information: The attached exhibit compares figures for assessed valuation , and
the projected tax revenue to be received for each proposed rate for the 2021-2022 and
2022-2023 budgets.
N.T. Sunday, August 8, 2021
Sunday, August 15, 2021
Publisher’s Affidavit Requested to: Director of Finance
NOTICE OF PUBLIC HEARING
2022 PROPERTY TAX LEVY
CITY OF JEFFERSON, MISSOURI
The City of Jefferson, Missouri, will hold a public hearing on Monday, August 15, 2022, beginning at 6:00 P.M. in the
Council Chambers of the John G. Christy Municipal Building, 320 East McCarty Street, Jefferson City, Missouri 65101,
to discuss the 2022 Property Tax Levy for the City of Jefferson. The following is the valuation and tax information:
ASSESSED VALUATION INFORMATION
2022 2021
Real Estate
Cole County $724,863,7801 $706,567,5773
Callaway County $7,741,8022 $7,741,8023
Personal Property
Cole County $220,148,2881 $193,842,8603
Callaway County $11,647,0072 $11,647,0073
Total $964,400,877 $919,799,246
1 Values based on Cole County 2022 assessed valuations. 2 Values based on Callaway County 2021 assessed valuations, as 2022 assessed valuations have not yet been provided.
3 Values based on Cole and Callaway County 2021 assessed valuations.
PROJECTED TAX INFORMATION
Fiscal Year
2023
Fiscal Year
2022
Increase/Decrease
Tax Rate (per $100 valuation)
General Fund 0.4600 0.4600 None
Firefighters Retirement 0.0961 0.0961 None
Estimated Revenue *
General Fund $4,436,244 $4,231,077
Firefighters Retirement Fund $926,789 $883,927
* Actual amounts may vary based on collections.
N.T. Aug. 7, 14, 2022
BILL NO. 2022-044
SPONSORED BY Councilmember Hensley
ORDINANCE NO. ______ _
AN ORDINANCE OF THE CITY OF JEFFERSON, MISSOURI, PROVIDING FOR THE
LEVY OF CITY TAXES AND ESTABLISHING THE RATE OF TAXATION FOR THE
CITY OF JEFFERSON, MISSOURI FOR THE YEAR 2022.
BE IT ENACTED BY THE COUNCIL OF THE CITY OF JEFFERSON, MISSOURI, AS
FOLLOWS:
Section 1. There is hereby levied and assessed the following rate on all Real
Estate and Personal Property, and other tangible property within the limits of the City of
Jefferson, Missouri, not exempt from taxation by the Constitution or the laws of the
State of Missouri, as shown by the assessment book of the City of Jefferson, Missouri
for the year 2022.
FIRST: For the purpose of paying all current expenses of the City of
Jefferson, Missouri, for the fiscal year, the sum of $0.4600 on the one
hundred dollar valuation.
SECOND: For the purpose of creating and maintaining a Firemen's
Retirement System for the Firemen of the City of Jefferson, Missouri, the
sum of $0.0961 on the one hundred dollar valuation.
Section ~. It shall be the duty of the Finance Director to assure that the County
Clerk has caused to be extended to the appropriate columns opposite each item of
taxable property in the assessment books, as returned by the Assessor of the County of
Cole, Missouri, and corrected by the Board of Equalization, the amount of taxes to be
paid by each person as provided by Section 1 of this Ordinance. This shall be done in
accordance with the provisions of the contract previously entered into between the City
of Jefferson and the County of Cole and the County of Callaway.
Section ~. This Ordinance shall be in full force and effect from and after the date
of its passage and approval.
Passed: ----------------------Approved: ________ _
Presiding Officer Mayor Carrie Tergin
ATTEST:
City Clerk